1948 E PEGASUS Drive, Tempe, AZ 85283

New Listing

$1,495,000

Property Type: Residential Bedrooms: 6 Baths: 4 Square Footage: 2,953 Lot Size (sq. ft.): 19,990 Status: Active

Current Price: $1,495,000 List Date: 10/30/2026 Last Modified: 11/01/2026

Overview

Description

1948 E. PEGASUS DRIVE | TEMPE ✨Some homes have a backyard. Pegasus has a private resort.Set on a nearly half-acre, no-HOA lot, this remarkable property pairs a beautifully remodeled 4-bedroom, 2-bath main home with a fully permitted detached 2-bedroom, 2-bath casita--complete with its own address, electric meter, private entrance and parking.Then step outside: a brand-new pool, two putting greens, a fire-pit gathering area, RV parking with full hookups, and a private lighted combination basketball and pickleball court. It's a setting made for everyday enjoyment, unforgettable weekends and room for everyone.Approximately 3,000 square feet of combined living space. Two separate residences. A backyard built for play, relaxation and entertaining.

Listing Details MLS# 7097074

Location, Tax & Legal

House Number: 1948
Compass: E
Street Name: PEGASUS
St Suffix: Drive
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85283
Zip4: 3237
Country: US
County Code: Maricopa
Assessor Number: 301-01-454
Subdivision: CONTINENTAL EAST UNIT 6
Tax Year: 2025
Assessor's Map #: 1
Legal Description (Abbrev): LOT 1255 CONTINENTAL EAST UNIT 6 MCR 014902
Assessor's Parcel #: 454
Tax Municipality: Tempe
Taxes: 3042

Contract Information

Type: Exclusive Agency
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No

General Property Description

Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: Yes
# of Interior Levels: Yes
# Bedrooms: 6
Full Bathrooms: 4
Total Bathrooms: 4
Approx SQFT: 2953
Price/SqFt: 506.26
Guest House SqFt: 1000
Horses: N
Builder Name: Suggs
Year Built: 1973
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 19990
Approx Lot Acres: 0.459
Community Pool Y/N: No
Private Pool Y/N: Yes
Fireplace YN: Yes
Fireplaces Total: Yes
Elementary School District: Tempe School District
High School District: Tempe Union High School District
Elementary School: Fuller Elementary School
Jr. High School: Fees College Preparatory Middle School
High School: Marcos De Niza High School
Half Bathrooms: 0

Remarks Misc

Cross Street: Guadalupe and Country Club

Legal Info

Township: 1S
Range: 4E
Section: Yes
Lot Number: 1255

Basement

Basement Y/N: N

More Information

Items Updated

Floor Yr Updated: 2026
Floor Partial/Full: Full
Wiring Yr Updated: 2026
Wiring Partial/Full: Partial
Plmbg Yr Updated: 2026
Plmbg Partial/Full: Full
Kitchen Yr Updated: 2026
Kitchen Partial/Full: Full
Bath(s) Yr Updated: 2026
Bath(s) Partial/Full: Full
Pool Yr Updated: 2026
Pool Partial/Full: Full

Parking Spaces

Garage Spaces: 2
Slab Parking Spaces: 4
Total Covered Spaces: 2

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes
Email: Yes
Phone Call: Yes

DPR Eligible

DPR Eligible: No

Special Listing Cond

Owner/Agent: Yes

Construction

Block: Yes

Const - Finish

Painted: Yes

Roofing

Composition: Yes

Association & Fees

HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Ttl Mthly Fee Equiv: 0

Lockbox Type

Supra: Yes

Master Bathroom

3/4 Bath Master Bdrm: Yes
Double Vanity: Yes
Private Toilet Room: Yes

Additional Bedroom

Separate Bedroom Exit: Yes
Master Bedroom Walk-in Closet: Yes

Fireplace Features

Insert: Yes

Flooring

Tile: Yes

Window Features

Screens: Yes
Dual Pane: Yes

Private Pool Features

Play Pool: Yes
Variable Speed Pump: Yes

Dining Area

Eat-in Kitchen: Yes
Breakfast Bar: Yes

Heating

Heat Pump: Yes
Electric: Yes

Kitchen Features

Dishwasher: Yes
Disposal: Yes
Electric Range: Yes
Kitchen Island: Yes
Pantry: Yes
Refrigerator: Yes
Electric Cooktop: Yes
Quartz Countertops: Yes

Cooling

Ceiling Fan(s): Yes
Programmable Thmstat: Yes
Central Air: Yes
Heat Pump: Yes

Interior Features

No Interior Steps: Yes

Laundry

Washer Hookup: Yes
220 V Dryer Hookup: Yes
In Garage: Yes

Other Rooms

Family Room: Yes
Guest Qtrs-Sep Entrn: Yes

Separate Den/Office

Sep Den/Office Y/N: N

Road Access Type

Alley: Yes
City Street: Yes

Road Surface Type

Asphalt: Yes

Road Responsibility

City Maintained Road: Yes

Fencing

Block: Yes

Water Source

City Water: Yes

Exterior Features

Separate Guest House: Yes
Private Pickleball Court(s): Yes
Sport Court(s): Yes
Patio: Yes
RV Hookup: Yes

Spa

None: Yes

Sewer

Sewer - Public: Yes

Parking Features

Electric Vehicle Charging Station(s): Yes
Rear Vehicle Entry: Yes
RV Gate: Yes
Side Vehicle Entry: Yes
Attached Garage: Yes
Garage Door Opener: Yes
Gated: Yes
RV Access/Parking: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
FHA: Yes

Plumbing

Dual Flush Toilet: Yes
Electric Hot Wtr Htr: Yes

Utilities

SRP: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Property Description

Cul-De-Sac Lot: Yes
North/South Exposure: Yes
Alley: Yes

Landscaping

Desert Front: Yes
Desert Back: Yes
Synthetic Grass Frnt: Yes
Synthetic Grass Back: Yes
Yrd Wtring Sys Front: Yes
Yrd Wtring Sys Back: Yes
Auto Timer H2O Front: Yes
Auto Timer H2O Back: Yes

Services

City Services: Yes

Disclosures

Seller Discl Avail: Yes
Agency Discl Req: Yes

Possession

Close of Escrow: Yes

Association Fee Incl

No Fees: Yes

Assoc Rules/Info

None: Yes

Property Features

Special Listing Cond: Owner/Agent Master Bathroom: 3/4 Bath Master Bdrm; Double Vanity; Private Toilet Room Additional Bedroom: Separate Bedroom Exit; Master Bedroom Walk-in Closet Fireplace Features: Insert Flooring: Tile Window Features: Screens; Dual Pane Private Pool Features: Play Pool; Variable Speed Pump Spa: None Dining Area: Eat-in Kitchen; Breakfast Bar Kitchen Features: Electric Range; Electric Cooktop; Disposal; Dishwasher; Refrigerator; Pantry; Quartz Countertops; Kitchen Island Laundry: Washer Hookup; 220 V Dryer Hookup; In Garage Other Rooms: Family Room; Guest Qtrs-Sep Entrn Interior Features: No Interior Steps Exterior Features: Patio; Private Pickleball Court(s); RV Hookup; Separate Guest House; Sport Court(s) Parking Features: Attached Garage; Electric Vehicle Charging Station(s); Garage Door Opener; Gated; Rear Vehicle Entry; RV Access/Parking; RV Gate; Side Vehicle Entry Road Access Type: Alley; City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Construction: Block Const - Finish: Painted Roofing: Composition Cooling: Central Air; Ceiling Fan(s); Heat Pump; Programmable Thmstat Heating: Heat Pump; Electric Plumbing: Dual Flush Toilet; Electric Hot Wtr Htr Utilities: SRP Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Block Property Description: Cul-De-Sac Lot; North/South Exposure; Alley Landscaping: Desert Front; Desert Back; Synthetic Grass Frnt; Synthetic Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req

Listing Office: HomeSmart

Office Phone: 480-889-3700

Office Email: rlarue@hsmove.com

Last Updated: November - 01 - 2026